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. this is across the board, but they said, obama cares about people like me. >> bill: all right and i'm saying to you is i don't think 71% of hispanics are secular progressives, would you agree with that. >> no, and that should say to you, when you look at catholics, hispanics, strongly catholic, these are patriots, these people love america, they believe in the work-- >> romney couldn't put it in vivid terms. mary katherine, you say. i think you're on target on a bunch of this, and we've reached a turning point of sorts, but that doesn't mean that folks who believe what romney believes or believed in general to the right of center as juan was pointing out, many people still do, that that can't result in electoral victory in the future. you're correct that it takes a special person. it takes a special person in barack obama to bring the left where it is right now and frankly surprised it got here and takes somebody to connect with people who is charismatic and smart and takes to people in a smart way where you are not demonizing anybody that i or bill is doing that in explicit ways, but you h
it overwhelmingly passed a bill to avert the fiscal cliff. now president obama is calling on the house to pass the bill without delay. the bill stops most of the tax hikes and spending cuts that were to kick in at midnight. tara mergener is in washington with more this morning. tara, good morning to you. >> reporter: good morning, terrell. well, a deal is now on the books to avert some of the impact of the fiscal cliff which technically we have gone over. now it is up to the house. in the early morning hours of new year's day, the senate began voting on a bill to avoid the so-called fiscal cliff. >> the bill as amended is passed. >> reporter: the senate voted 89-8 to avoid tax hikes for 99% of all americans. >> this shouldn't be the model for how we do things around here. but i think we can say we've done some good for the country. >> r if the bill eventually becomes law, the bush era tax cuts will be permanently extended for everyone making less than $400,000 a year. and families making less than $450,000 a year. it will also keep the alternative minimum tax for the wealthy from hitting milli
for two million. the house will take up the bill this morning and hopefully the chamber can pass it before the economy is rocked by the tax hikes. >> i feel good. >> president obama call would the senate vote the right thing to do for the country and encouraged the house to pass the bill right away. >> new defrom doctors treating hillary clinton on her blood clot. it is it collected between the brain and skull behind the right ear. they are treating her with blood thinners. last month she fell and got a concussion and that caused a blood clot and that is uncommon. but she is make excellent progress. >>> and san mateo; police are trying to figure out what caused a deadly shooting on lewis road at an apartment complex by the fair grounds. police found one man on the ground dying from gunshot wounds. they detained two people for questioning. this is the 43rd homicide there 1991. >> san francisco fire officials are trying to find out what caused a house fire on atheps street. ppg&e crews cut off the gas line. two people were hospitalized. you can see the house is a total loss. well, it is 5:08
against the clock. >>> the senate passes a fiscal cliff bill. >> president obama says the agreement is the, quote, right thing to do for our country. but now the legislation moves to the house where its future is uncertain. fox's patty ann brown has the story. >> reporter: senate lawmaker voted overwhelmingly in favor of legislation to avert the fiscal cliff. >> the bill as amended is passed. >> reporter: vice president joe biden in a visit to the capitol monday night maybing the pact he negotiated with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predicts. >> having been in the senate as long as i have, there are two things you shouldn't do. you shouldn't predict how the senate is going to vote before they vote. you won't make a lot of money. and number two, you surely shouldn't predict how the how is going to vote. i feel very, very good. >> reporter: if passed by the house, the deal would stop most tax increases and spending cuts aimed at the pentagon and domestic programs that were se
of the woods yet. >> president obama said the agreement fell short of what both sides wanted but that it was the right thing to do for the country. >> senators passed the bill with 89-8. after months of wrangling, lawmakers ended their deadlock. >> i know i can speak for my conference when i say we don't think taxes should go up on anyone. but if we knew if we did nothing they would be going up on everyone. >> the bill heads to the republican controlled house of representatives and could come to a vote later today but it is far from certain that it will pass. president obama urged members to back the deal though it falls short of what he originally sought. >> my preference would have been to solve all of the problems in the context of a larger agreement, bigger deal, a grand bargain, whatever you want to call it that solves our deficit problems in a responsible way. does not just deal with the taxes but deals with the spending so that we can put it behind us and focus on just growing our economy. >> the plan would permanently raise taxes on households making more than $450,00
, they to do it at the same time, they have to announce hr-1 introduced thursday. the first bill of the new congress. which i would say should be exact replica that you pass obama cut, pure tax cut, as we went over the cliff. do it on income tax, capital gains. you are saying we'll introduce the cut thursday. clean bill. none of the other stuff in it, like the wind power credit and all of this other stimulus junk. that would be what theteams are demanding. give it to them on monday. -- thursday, it will be a pure tax cut. >> by the time you get there, you have a market retook whatever is happening in washington. the asian markets open in 15 minutes. tomorrow market reacting to the past couple of days. steve, what about the premise they don't go forward with amending it. they pass it. all democratic votes and 40, 50 republican votes. >> that is probably the most likely outcome at this point unless they get to 218. it doesn't make sense to do this. the time to have had the fight over the substance in my view was in the past. i don't understand why there wasn't more coordination between the le
we need to pass the obama tax bill and then once we get to the ceiling of the debt we would then forced the congress to go forward with a $1 trillion debt reduction on an annual basis until it is paid off. basically, we are overspending. we have to get our debt under control. host: dan the covers it for cnn has this tweet. that is brand new from dana bash. here are some tweets from viewers using #fiscalcliff. those are some of the treats coming in. -- tweets. #fiscalcliff. caller: i have been watching what's going on in the programs and the reason i called in the first place is the debt ceiling we are now facing with sequestration that we kick the can down the road last year because they could not come up with anything and now they're going to take that down the road again and then we are coming up to another ceiling height in a few months were the debt ceiling is going to get raised again? $6 trillion in four years that we do not have any asking us to do it again and wants us to raise taxes on the rich? what? going to amount to six weeks of the budget for the government? it
going to be penalized with the only excise tax that's in this obama bill. >> steve: it hits the fan today. they kicked the can down to today and it hits the fan today. >> when you talk about happy new year. this is tax day for us in our industry. it hits the entire medical device industry for the biggest companies to smallest. the industry, over 2 million jobs are supported and 80% of those jobs are in companies with 50 employees or less. so it's a small innovative industry. >> juliet: you have 19 employees and now they're working with you. they're not upset with you. but they're trying to work with you. what are some of the things they're doing to sacrifice? >> we're like family, it's a small company. for example, for christmas instead of taking christmas bonuses, we gave them the week off in between christmas and new year, just so that could help out financially. >> juliet: you haven't taken a paycheck in a while? >> you do what you have to do. we want to keep our people working and trying to find our ways. we're experts in medical device and trying to find other things. it's not
. the bill passed the senate yesterday, and is now awaiting president obama's signature, senators barbara boxer and dianne feinstein sponsored the bill. the federal designation would likely bring a tourism boost. >>> the california supreme court ruled that people who get hurt on bumper cars and rough rides assume some risk when they decide to go on the ride. the ruling stemmed from a lawsuit brought by a san jose woman who fractured a wrist riding on a right at great america. >>> good evening to you. freezing temperatures returning to the bay area late tonight. looking at stormtracker 2 over the last several hours, we watched high clouds move through the bay area, now to the south of us, we're dealing with partly cloudy skies. outside our doors right now, widespread mid-30s, to low 40s. already cooling off. if this is just the beginning of your evening, 37 in santa rosa at midnight. 44 san francisco, where the fireworks will be going on. 38 in concord. 38degrees expected livermore now, with the partly cloudy skies, the calm conditions, we will be cooling off once again, back to 31 degrees
personality president. it worked, bill. the pr campaign that the media crafted worked. obama got reelected. but, here is the final point on this. when you have this messiah-type figure who also has a goody bag, who's handing out free stuff to people. hey, you want contraceptives? hey, they're free, i'll give it to you. you want money? i'll take it from this guy and give it to these people. that's a tough candidate to beat and the media created that image, which is totally false, he is a politician, at times a very nasty politician, but they created a kind of mother teresa character and it worked. >> moses, i think more moses than mother teresa,'s coming down, he's got the tablets, this is how we're going to do it, it's all going to work out. that's very good astute analysis. all right. inside the republican party there's a lot of anger and bitterness and finger pointing and blaming and we've got to change and what do you say? >> well, i say, first of all, you're absolutely right in what you said just now. what we're going to hear and we've already started hearing it, we nominated a moderat
on the wealthy but the house of representatives decided not to vote on the bill on new year's eve. the house is expected to resume talks quickly in the new year to avert a serious impact from tax hikes. president barack obama gave a conference earlier on new year's eve. he said he was optimistic that senators could reach a compromise. >> now today it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve, but we're hopeful that congress can get it done. >> senate republican leader mitch mcconnell said the two parties had reached an agreement on taxes. they are believed to have agreed to extend tax cuts for middle income earners. people earning more than $450,000 per year will see their taxes go up. that's far higher than obama's original proposal. they have yet to agree to suspend spending cuts. the democrat led senate is expected to pass the bill on new year's eve. the republican led house says it will not vote on the bill before the midnight deadline. members of congress are expected to work on a stop gap mea
not get their bill, a tough. obama has got to stop campaigning and start leading. host: a producer with fox news just sent this week. -- this tweet. now, david dreier is retiring. he will not be in congress come thursday. as rules committee chair, he has 35 more hours or so of being the chair, and then a new chair will be coming in. representative tom gray, a republican from georgia, tweets. ryan, california city, calif., independent. caller: even if we pass this resolution and we do not go over the fiscal cliff, the tax hikes, even if they are on people who make $450,000 or less, that is what small businesses are. that would kill them. the capital gains taxes and raise. the bill is like a small book to read today, but i have gotten through the majority of it and it looks like they are just postponing the majority of the issues. we are not going to cut any spending. we're going to raise revenues. is defenseutting revenue, and that is not what the majority of spending goes to any more. it goes to entitlements. we cannot make up for entitlements with tax increases on the wealthy. the
at one point. >> when he spoke at the democratic national convention, former president bill clinton brought the house down. this was one of the great speeches, ever, i think. it made the case for reelecting president obama in a way the candidate himself never got able to do, even to the end. let's listen to big bill at his best. >> are we better off than we were when he talk office? then, listen to this. listen to this. everybody's forgotten. everybody's forgotten when president barack obama took office, the economy was in free fall, it had just shrunk nine full percent in gdp. we were losing 750,000 jobs a month. are we doing better than that today? the answer is yes. >> you know, i was thinking back to the fairy tale remark. the guy's showman ship with the gesticulation, the hands, the whole dinism the way he presents this case. >> earlier this year, i wrote oh, who needs conventions what are they for, anyway? they're for moments like that. i was on the floor at that moment. it was one of the most memorable things i've seen live in a hall or anywhere. that was bill clinton at the
this morning. any race against the clock, the senate has passed a bill to avoid the fiscal cliff. >> president obama says the green is the, quote, right thing to do for our country. the legislation now moves to the house where its future is unknown. fox's patty ann brown has the story. >> reporter: senate lawmaker voted overwhelmingly in favor of legislation to avert the fiscal cliff. >> the bill as amended is passed. >> vice president joe biden in a visit to the capitol monday night explaining the pact he northed with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predictions. >> having been in the senate along as i have, there are two things you shouldn't do. you shouldn't predict how the senate will vote before they vote. you won't make a lot of money. and number two, you surely shouldn't predict how the house is going to vote. >> reporter: if passed by the house, it would stop many of the spending cuts. >> middle class families will wake up today to at assurance that their taxes won't go up
months. president obama said yesterday that he wanted to include that into the bill but in order to get it passed, he had to compromise himself. let's take a look at some video shot yesterday on the senate floor of the house. the 89-8 vote was cast around 2:00 a.m. the bill permanently extends the bush era tax cuts for 99% of americans. current spending levels will be offset by tax increases and some spending cuts, half to defense and half to domestic. let's take a listen. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> this is a mini cliff. the big cliff still lies in front of us. the big cliff -- [ inaudible ] >> reporter: certainly some members of congress not happy with this deal that was struck last night. however, mitch mcconnell, a republican himself, says this was a good deal for americans. the house is back in session at noon and will likely take up this vote right away. back to you. >> thanks, deal yarks live on capitol hill -- delia, live on
with obama care. that's how the senate has done on a bipartisan basis, tax bills for i think the last 30 years. they deem this stuff -- they voted. they go home and say, look what we accomplished. nobody knows what's in the bill. none of the details are clear. there have been no hearings, no mark ups no amendments. this is as bad as the original obama passing a $780 billion stimulus that nobody had read. or nancy pelosi saying you have to pass the bill to know what's in it. i don't think any republican ought to be touching this stuff. >> mr. speaker, hold on for a second. alley vels i velshi is with us. >> speaker, sorry to bother you while you're on vacation. listen, you called this an artificial creation of washington. you have actually suggested the many things that make up the fiscal cliff be divided up and tackles separately. i want you to listen to what president obama said earlier today and get your comment on it. let's listen to this. >> we're going to solve this problem instead in several steps. >> speaker gingrich, do you think this is the way to do it? we're at an impasse. are
. it was 20 years in the making the story of that speech was for the first 15 years they treated bill clinton like he was the worst thing that ever happened in american politics, villain in chief and even after he left the white house he was afraid of the clinton restoration and 2008 when obama had the clintons when the republicans decided, wait a minute, no, bill clin clin to is this bygone symbol in america of cooperation and good government and moderation and sang his praises for four years. set him up as the good democrat against obama's bad democrat. what happened, the good democrat stole the show, vouches for the bad democrat and disarmed an awful lot of. ares are saying about president obama. >> chris hayes, the mvp of the campaign? >> the mvp of the obama campaign was rick per prip it was rick perry's entrance to the race that pushed mitt romney to take the tackically wise but strategically stupid step of going full out elegant. >> tackically wise for that moment. >> for that moment. it totally destroyed rick perry. he dispatched rick perry with that rhetoric with the $100,000 subdidd
the bill and the hope is they can pass it before the economy is rocked by the tax hikes. >> i feel very, very good>> reporter: president obama called the vote the right thing to do for the country and encouraged the house to pass the bill right away. abc news, washington. >>> medicare reimbursement could take a hit if the fiscal cliff is not averted. reimbursements to doctors will be cut by nearly 30% beginning today because congress may have failed to make the adjustments for medicare payments. it could mean more doctors refewing to treat medicare patients. >>> 2013 will be remembered as landmark year for same sex couples and many couldn't wait to get to city hall at the stroke of midnight. today is a big day as same sex marriage can officially happen in the state. sherrie johnson is live downtown where couples were lined up to say their i dos it was a big morning for many. >> reporter: that's right. a little after midnight 7 same sex couples gathered right here in downtown baltimore at city hall to say their eye dos. this is definitely a historic day for maryland. the couples waited p
obama happy? newt gingrich's backage. $1.6 million. gingrich not only teamed up with nancy pelosi on global warming, but together, they co-sponsored a bill that gave $60 million a year to china's brutal one-child policy. >> i don't think they work in presidential elections in october. but those ads out there -- tell me? >> primaries, they are deadly. particularly in republican primaries. that is particular for newt gingrich was devastating. it hit -- it was the kitchen sink. it threw it all in there. >> what did it say in there that you didn't like? >> it said he's an insider, he's a washington pal. and, look, he even pals around with nancy pelosi. didn't we just fire her? >> didn't you see those loving looks? >> you know, real quick on that. the interesting thing, if i were to pivot off of that caption of him and nancy together because that's what the people are looking for. that partnership working, getting things done. >> but they were talking about global warming. >> the other thing about that ad, that was symbolic of the entire mitt romney campaign strategy in the primaries.
in spending cuts that were due to kick in today for another two months. because the bill doesn't address spending, getting it passed in the house could be much tougher. >> the fact that the president won't challenge his party on spending cuts is disgusting. it's just disgusting. >> reporter: president obama wanted to dole with taxes and spending cuts at the same time. >> but with this congress, that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not yet publicly endorsed the deal. now, the house reconvenes at midday but lawmakers say, frank, they plan to study this bill hard before they take a vote. they say the senate has had months to get a bill passed and they are not going to rush to get anything done. >> there is word, tara, that some republican lawmakers are upset about something the president said. could that effect support of the bill? >> reporter: it might. president obama chastised in his speech congress for taking too long to get the deal done. but he also threw something out at republicans saying if they think that spendi
the budget for spies and satellites for 2013. the house voted yesterday in favor of a senate bill to boost slightly president obama's $72 billion budget request for intelligence agencies. that's down from about $80 billion in 2012. >>> if you look at your 401(k), you may find 2012 was a pretty goodyear for your investments. stocks performed surprisingly well last year despite concerns about the global economy. most posted double-digit gains. stocks were up about 1.7% yesterday. >>> people are celebrating the new year around the world. tens of thousands of revelers watched the fireworks at the seattle space needle in washington state. they rang in the new year at 3:00 this morning our time. >>> from one part of the world we go to another. nato troops serving in afghanistan celebrated the new year with a party. soldiers from different countries gathered in kabul for a dance party. looks like everybody had a good time. dancing and relaxing. nato has more than 100,000 troops in afghanistan, including 66,000 from the u.s. nato will withdraw almost all of its forces there by 2014. >>> closer to
cliff. so the measure now goes to the house of representatives. president obama released a statement praising the senate vote saying -- >>> again, the house of representatives reconvenes at 9:00 this morning our time. coming up at 7:15, even if the house passes the senate bill, the contentious debate will continue in congress with more crucial deadlines in the coming weeks. >>> 7:03. highway 12 in solano county, it has reopened after a head-on collision. four people were killed. this happened about 9:00 last night near the river bridge on highway 12. this is east of rio vista. the chp hasn't given us details about what may have caused the crash or if alcohol may have been involved. >>> and law enforcement agencies were really everywhere during the night, cracking down, looking out for drunk drivers. dui checkpoints were set ulall over the bay area and chp officers were patrolling those highways. yesterday, the chp said the number of dui arrests were down compared to last year. but new numbers for this year's crackdown may be released sometime today. >>> all right. 7:04. we want to ch
. and president obama bears the responsible for his failure to lead and his intentional effort it appears to mislead the american public with this cynical bill. >> so it's not a perfect package. but it is something that gets us by while we tackle the larger issues in the next congress. i pray god that next congress is more willing to compromise than this. >> democrats in the house met with vice president joe biden today. he's urging their support for the deal passed by the senate. the holdup on the other side seems to be a desire for much more in the way of federal spending cuts. it's still a game of wait and see with severe consequences for most americans. being staying on top of the hill and have the very latest for you tonight on the 10:00 news. >> all right. let's join fox 5 political analyst to get more insight on this. mark, how is the president i guess going to claim total victory if in fact he's raising tax rates on the rich but ultimately going up. he said it was 250,000 and now gone up to 4 or 450. >> that's right. plan b, john boehner, the leader of the rublicans offered to do
people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the senate floor. he said he one of the president to be a one-term president. the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that is why this country is going down like this. host: let me get your thoughts on president obama as a negotiator. what d
to work on deficit reduction plan with president obama, but then the speaker will decide if he's going to take up this bill as is, or if enough republicans want to change it, amend it, send it back no the senate. the expectation all along through the fiscal cliff negotiations, whatever would pass the house would do so with democratic and republican support. ultimately up to the speaker whether he wants to put it on the floor. >> and the house reconvenes at noon eastern time. a lot going on. watching that all day. thank you very much. >>> let's talk to someone who if the house takes it up, will vote on a fiscal cliff deal previously said he was against letting any bush era tax cuts expire. good morning, sir. happy new year. if you get this bill today, are you going to vote for it? >> well, thank you, glad to be on "early start" this morning. i've got to see, just as the speak every said, we have to read the bill. we have to know what's in the 157 pages and look at it carefully. the speaker will put it on the floor if there is enough republican support for it, but not ready to accept it
,000 higher than the threshold president barack obama originally proposed. that is the senate deal postponed by two months, the spending cuts that are scheduled to start on january 1st. the senate passed the bill on two tuesday, two hours after the december 31st deadline. members of the republican-led house of representatives will vote on the bill on tuesday. lawmakers are expected to work on a stopgap measure to ensure the impact of the suspended tax cuts is minimal. >>> doctors treating hillary clinton say they have found a blood clot between her brain and skull. but they say she is making an excellent recovery. staff at a hospital in new york issued a statement on monday, a day after clinton arrived for treatment. last month, doctors diagnosed her with a concussion after a stomach virus caused her to become dehydrated and faint. she had been resting at home since then. medical personnel say an mri revealed a clot in a vein between clinton's right here but they say she did not suffer a stroke or any neurological damage. they say she is in good spirits and engaging with the doctors, family
people they expire today. president obama announced that no one got everything they wanted and wants the house to pass it. >> we find ourself with a bill that does not reflect financial wisdom but the spirit that per veighs this town. the time to confront this is not now but later, we'll do the right thing then. >> some republicans are suggesting amending the bill that the senate passed and adding spending cuts in that bill. this will have to happen by noon thursday when this congress ends and the new one is sworn in or the whole thing starts over again. the sequestration cuts take effect as the tax cuts -- in fact, they have already taken effect. >> thank you. so what do americans think of the job that congress is doing to solve this fiscal crisis? agoal goal went out to find out. >> they don't think much of what is going on in the building behind me. we crossed the river into virginia and the fact that the fiscal cliff deal is still not done comes to no surprise from everyone you're about to hear from. we traveled to the north side social in
untii this morniin. 33 in the eleventh hour.... the senate passes a bill to 89-8 vote. presiddnt n obama says the agreement is ccuntry" as patti ann r browne repoots... now thh legislation moves n to the house where it's future pncertain.certaii..- (pkg) sennte overwhelmingly in favor of leggslation to avert the fiscal cliff. vice president joe biden in a viiit to the capittl mondayy night...explainiig tth paat he negotiatee with senate miiority leader mitch pcconnnll. prior to the vote, the vice president said pe fflt confident about ttee deal but stayed away from making any firm redictions. vice president biden "...having been in the senate as long assi havee there'' two things you shouldn't do: yoo shouldn't predict how the senate's going to vote before they vote -- you won't make a lot of money. and number two: you surely shouldn't predict vote. but i feel very, very good..." if passeddby the house, the deaa would sttp spending cuts aimed at the ppntaggn and domestic programs, ttat wereeset to take efffct today.sen. harry &preid / (d-
't in the room negotiating. so i think their theory is, we pushed, obama bent, let's ping-pong the bill back and let's see if they bend a little more. i think what that misses is an immense pressure, not democrats and republicans on the left that won't let them play ping-pong with the bill. >> can the democrats accept the little ping-pong right now in the next 24 hours? let's say the house passes the senate version with one amendment that calls for specific additional spending cuts and it goes to the senate, be do you think that's doable? >> it depends on what those spending cuts are and i think that the leaders in the senate will look at it because i think the american people do deserve for leaders to be responsible and here's where i think the republicans are really going wrong on two front. this is so politically perilous for them. they lost the election in november because the american people didn't think that republicans understood what they are going through and if they are now the ones who are the architects of all of us going over the cliff and for millions of americans taxes to go u
the president's aides would like the house to take up the bill today, that could allow mr. obama to return to hawaii where you point out his family has been since before christmas. mr. obama left hawaii late the night after christmas of the he has been here ever since, even though it was vice president biden who eventually worked out the deal with senate republican leader mitch mcconnell. aides haven't announced whether the president will return, but if he did he could get a couple more days with his wife and daughters and a couple more rounds of golf. the president can sign the legislation in hawaii. that is not the issue but the appearance might not be good if he returns to hawaii before the matter is resolved. the spending fight begins anew soon after his inauguration when he has to ask congress to extend the nation's debt ceiling, rick. rick: it never ends. wendell goler live in front of the white house. wendell, thanks. heather: and more now on the fallout from the fiscal cliff deal as we take a look at the major players on both side of the aisle and figure out the winners and the los
the bill to head off tax increases and spending cuts. president obama asking the house to pass it without delay. nancy cordes is on capitol hill now. nancy, good morning to you. >> reporter: good morning, terrell. technically we did go over the fiscal cliff at midnight this morning. but that is likely to be temporary if the house votes in favor of that bill later today. the senate as you mentioned voted overwhelmingly around 2:00 in the morning by a vote of 89-8. almost all democrats and republicans voting yes on a deal that would make permanent the bush era tax cuts for people earning up to $400,000 a year and couples earning up to $450,000 a year. this was a deal that was worked out by vice president biden and senate leaders. the house speaker hasn't said that the house will definitely vote in favor of it today, but democrats at least are saying they expect almost all of their members to vote yes. terrell? >> nancy cordes on capitol hill, nancy, thank you so much. >>> secretary of state hillary clinton spent new year's eve in the hospital being treated for a blood clot in her skull. mar
in spending cuts due to kick in today for another two months but because the bill doesn't address spending, guessed it passed in the house could be tougher. >> the fact that we're not where we need to on this is disgusting. >> reporter: president obama said he want taxes and spending cuts at the same time. >> but with this congress that was a little too much to hope for at this time. >> reporter: house speaker john boehner has not publicly endorsed the deal. tara mergener for cbs news, washington. >> now, the house is set to reconvene today at 9 a.m. pacific time. a house vote is expected today or tomorrow. >>> what a night. no fog this year, perfectly clear last night for fireworks along the waterfront here in san francisco. it's beautiful out there. a lot of people showed up for the 15-minute display and jammed the streets near the bob barker. when it was all over, i think most of them are still out there, it was crowded getting into work today but there was some violence during the new year's celebration here in the city. cbs 5 reporter cate caugiran is in san francisco with the problem
to give with this bill and can either side claim victory here? >> well, i think both sides can claim victory but also both sides lost on certain respects. president obama obviously for five, six years he's been talking about this $250,000 income threshold and he did lose on that. but he did get the principle of raising rates. he didn't get the debt ceiling increase incorporated into the agreement so that is something that is going to have to come up again in two months. republicans managed to contain the tax increases to half of what president obama had asked speaker boehner for. only about $600 billion. so everyone has a chance to say they won or lost. the important thing i think here is that they all have a shot at this again in two months and so boehner can say to his republicans, you know, we have a chance for more leverage with debt ceiling debate and also the spending cuts debate that's coming up in two months. and obama can tell his people we're going to stand firm and go for that next $600 billion -- you know, $600 billion in tax increases. maybe tax reforms. everyone has an
to democrats. president obama was also trying to do that earlier today when he came out and spoke to a group of middle class families and started emphasizing all of the things that he got in the bill -- extension of some of the tax credits for education, for clean energy that he got in the stimulus package, his administration, when he said that we are going to seek more revenue, when the big discussion of spending cuts ripens in the next couple of months before the debt ceiling that was an important signal to democrats that you may not like what i got in this deal. you may think we're not getting enough tax revenue from affluent americans, but i'm going to go after more when we talk about cutting spending on issues of the major entitlement programs, including medicare and social security. he was trying to buck up democrats who are not happy with this deal. and i think vice president biden is doing that right at this moment with senate democrats. >> well, the vice president is certainly getting the lion's share, you know, of credit maybe. but certainly attention surrounding this issue. take u
pretty good. this is the guy who said his main objective prior to 2012 was getting president obama unelected. that didn't happen obviously. he just looked like an obstructionist. now he is playing a productive role getting some things done for the nation. >> now, it looks like in this deal the senate bill punts a lot of things down the road and we could see a debt ceiling debate in the near future. >> yes. >> how can we avoid the kind of brinksmanship we've just seen in the issues we've got moving forward? >> i'm not sure we can avoid it. that is why this deal, it is going to be a relief for the markets that there is some deal that doesn't involve tax increases for most people. it puts off most of the big issues. i mean, if anything was going to happen, it was going to be that the middle class tax cuts would be extended and perhaps permanently which looks like we're seeing. that was the low hanging fruit in this, the easy part. the hard things all have been pushed off. we know we'll have a big battle over the borrowing limit being extended toward the end of february beginning of ma
, employee number 51 because of obama care kicking in. in a normal world that would happen, but with obama care, i would say we'll see what happens. >> employer 51 is actually an issue, you and i agree on. let me ask you about the bill. what -- from what you have seen of it so far, yes vote or no vote? >> i'm a no vote, but until we see the details, we're reading reports, i will say most folks might resume a member of congress has those details. we're reading media reports, nothing on websites out there. it locks like a no. looks like typical insider deal for washington, d.c., where they getly 89 votes in the senate, but at the end of the day, our debt will get bigger, spending will go up. taxes will increase, and americans will continue to be very upset at washington. >> some sense -- i've been asking colleagues this morning. you have sense if you get past the tax stuff, the politicized part of the discussion, you can correct some attention to spending and entitlement cuts? >> i'm not very hopeful or optimistic on that at all. but with the coming of the real debt ceiling, perhaps in late
government. this is drama. unnecessary drama. and president obama bears the responsibility for his failure to lead and his intentional effort, it appeared, to mislead the american republic -- public with this cynical bill. that's why we are here this morning, to clarify the president's action. this was not at our behest, and we are rejecting this measure today to increase congress' salary. i yield back. the speaker pro tempore: the gentlelady yields back. the gentleman from reserves. the gentleman from virginia. mr. connolly: thank you, mr. chairman. i must say i appreciate the gentlelady's point about cynicism. but federal workers and the american public might be forgiven for thinking it is cynical to be decrying a last-minute deal necessitated by the fact that the house has been out for 15 of the last 19 weeks in recess instead of doing its business here on the house of the floor, which is why we are here today. by the way i also want to appreciate, because i know it wasn't a cheap shot, i know that the distinguished chairman of the committee was simply trying to inform me of the fact th
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